管理评论 ›› 2022, Vol. 34 ›› Issue (2): 228-240.

• 组织行为与人力资源管理 • 上一篇    下一篇

地区文化会影响家族企业的治理结构吗?——基于耕作文化和家族控制的视角

于晓东1, 张雨吟1,2, 周卫中1,2   

  1. 1. 中央财经大学商学院, 北京 100081;
    2. 中央财经大学中国企业研究中心, 北京 100081
  • 收稿日期:2020-08-10 出版日期:2022-02-28 发布日期:2022-03-24
  • 通讯作者: 张雨吟(通讯作者),中央财经大学商学院、中国企业研究中心博士研究生
  • 作者简介:于晓东,中央财经大学商学院副教授,硕士生导师,博士;周卫中,中央财经大学商学院教授,中央财经大学中国企业研究中心主任,博士生导师,博士
  • 基金资助:
    国家自然科学基金青年项目(72002232);中央财经大学“青年英才”计划(QYP202106)。

Will Regional Culture Affect the Governance Structure of Family Firms?——From the Perspectives of Farming Culture and Family Control

Yu Xiaodong1, Zhang Yuyin1,2, Zhou Weizhong1,2   

  1. 1. Business School, Central University of Finance and Economics, Beijing 100081;
    2. China Enterprise Research Center, Central University of Finance and Economics, Beijing 100081
  • Received:2020-08-10 Online:2022-02-28 Published:2022-03-24

摘要: 本研究以社会情感财富理论为理论基础,从耕作文化与家族控制的研究视角出发,探讨不同地区文化影响下的家族企业在家族涉入程度、家族持股水平以及族长权威等方面的差异。借助深圳证券交易所中小板和创业板的517家家族企业组成的研究样本,本研究回归结果表明:相比于旱地耕作文化,在家族集体生产更为盛行的水田耕作文化的影响下,当地家族企业有着更高的家族涉入程度与更高的家族持股水平;并且在家族内部,身为家族“族长”的董事长有着更强的权威。本研究证明了地区文化同样是影响家族企业治理结构的因素之一,基于宏观因素的角度阐释了家族企业之间的异质性。

关键词: 地区文化, 家族企业, 治理结构, 耕作文化, 家族控制

Abstract: Based on the theory of social emotional wealth, from the perspectives of farming culture and family control, this paper explores the differences in family involvement, family ownership and chairman authority of family firms under the influence of regional cultures. Using a sample consisting of all 517 family firms listed on the China Shenzhen SME and GEM, we apply the regression analysis to test the hypothesis. The results show that, compared with dry farming culture, under the influence of paddy farming culture, which is more prevalent in family collective production, local family firms are more inclined to introduce family members to participate in business operations, to maintain a higher proportion of family ownership. Meanwhile, within the family, family firms in paddy fields are also more inclined to strengthen the chairman authority. The research results prove that regional culture is also one of the factors affecting the governance structure of family firms. This paper explains the heterogeneity of family firms based on the macro factor.

Key words: regional culture, family firm, governance structure, farming culture, family control